Applied Industrial Technologies : Q3 FY25 Recap Presentation

Published: 2025-05-01 06:38:26 ET AIT

Published on 05/01/2025 at 06:38

- The Premier Provider of Advanced Motion, Power, Control, & Automation Solutions to Critical Industrial Infrastructure -

•

•

•

•

•

$80M) and announcing bolt-on acquisition of IRIS Factory Automation.

•

Down 3.1% on an organic daily basis

Acquisitions +6.6%, currency -0.9%, selling days -0.8%

EPS up 3.7% YoY

Includes $2.2M pre-tax ($0.04/sh) of LIFO expense

Unfavorable impact YoY from interest & other income and a slightly higher tax rate, partially offset by a lower share count

Includes a 22 bps YoY tailwind from lower LIFO expense

Down 6.3% YoY on an organic, constant currency basis

12.4% EBITDA margin up 59 bps YoY

Includes a 22 bps YoY tailwind due to lower LIFO expense

Up 50% vs. prior year and 115% of net income

YTD free cash up 39% vs. prior year

$1,167

$1,146

1.8%

-3.1% Org/Day

Q3 2024 Q3 2025

$145

$136

+6.8%

Q3 2024 Q3 2025

$2.48

+3.7%

$2.57

Q3 2024 Q3 2025

Year-over-Year Organic % Change in Sales Per Day

Fiscal Quarters

15.0%

Down 3.1% YoY on an organic daily basis; down 2.4% on a 2-year stack basis and up 12.6% on a 3-year stack basis

2-year stack trend improved sequentially for the first time in over two years

8.6%

3.4%

-0.1%

0.7%

-2.0%

-3.0% -3.4% -3.1%

Average daily sales organic sequential increase of +2% in F3Q25 was ~200 bps below normal seasonal patterns

Organic sales trends led by Service Center segment where average daily sales increased ~4% sequentially; segment 2-year stack of +1% vs. -1% last quarter

16 of top 30 industry verticals up YoY in F3Q25 compared to 11 during F2Q25 *

3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25

YoY growth strongest across technology, food & beverage, pulp & paper, aggregates, and transportation

Offset by declines primarily in machinery, utilities, metals, chemicals, and mining

* Based on largest 30 industry verticals for fiscal 2024

Disclaimer

Applied Industrial Technologies Inc. published this content on May 01, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 01, 2025 at 10:36 UTC.